Analysis of the business cycle


Assessment: Analysis of the Business Cycle. Go to the web site of the Bureau of Labor Statistics at https://www.bls.gov/ and the Bureau of Economic Analysis (National Economic Accounts) at https://www.bea.gov/national/ or any other data source and collect the most recent 6 months of data on real GDP growth, inflation, and unemployment. Based on this information, write a 3-4 page analysis (double-spaced in A.P.A. format, with a font size of 12 Times New Roman), of where the economy currently is in the business cycle and the implications for a Monopolistically Competitive firm in terms of prospects for higher sales and labor costs. Support your conclusions with data from the BLS. All references must be carefully cited (Wikipedia not allowed as reference sources Please!!) The main objective of this exercise is to get you thinking about the two-edged nature of many economic phenomena so as to present a "balanced" perspective .

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Macroeconomics: Analysis of the business cycle
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